Jack's Morning Update

EVERYTHING YOU NEED TO START YOUR DAY

April 25, 2024

Rates Hit Hard This Morning – FHA Via Freddie Mac – Be Where Your Feet Are

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors RATES HIT HARD THIS MORNING MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area…
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April 24, 2024

Global Events Hitting Rates – FHA Cash Out Rules – Who Or Where Matters

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors GLOBAL EVENTS HITTING RATES MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area impacted…
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April 23, 2024

Rates A Little Better – New Closing Verbal Options – Not A Burden

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors RATES A LITTLE BETTER MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area impacted…
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April 22, 2024

Largest Bond Auction Ever – Extenuating Circumstances All Agencies – Wink In The Dark

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors LARGEST BOND AUCTION EVER MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area impacted…
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April 18, 2024

Rates Up & Down – Calculating S/E Income When No Distributions – Living in Harmony

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors RATES UP & DOWN MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area impacted…
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April 17, 2024

Positive News On Rates – NAR Impact On Seller Concessions – Take Out The Trash

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors POSITIVE NEWS ON RATES MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area impacted…
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April 16, 2024

Markets Continue Tumble – FHA Single Condo Approval – Intentions or Actions

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors MARKETS CONTINUE TUMBLE MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area impacted on…
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April 15, 2024

War & Retail Hurt Rates – Big USDA Changes – What They Really Really Want

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors WAR & RETAIL HURT RATES TODAY MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the…
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April 11, 2024

Tough Day For Rates – 97% Prices Better Than 75% LTV – Shake The Dust Off

Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors TOUGH DAY FOR RATES MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon % & add .75%ish to know the area impacted…
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April 10, 2024

CPI Crashes Rates – Tax Return Rules After 4/15 – Know Whose Your Stressor

PERKS TO GROW YOUR BUSINESSMBS TRACKING SITEHANDY DANDY GUIDES Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors CPI CRASHES RATES MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon %…
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April 9, 2024

Rates Better This Morning – Scan Credit For Referrals – Bath Yourself In Your Desires

PERKS TO GROW YOUR BUSINESSMBS TRACKING SITEHANDY DANDY GUIDES Where R Rates & Market Knowledge Information To Chat With & Share With Clients & Realtors RATES BETTER THIS MORNING MARKET CHANGES 1 BPS = $10.00 change in cost to borrower for the same rate per 100K in loan size.Take Coupon…
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April 8, 2024

Where R Rates? – No Score Pricing Just Got Better – Encourage The Right Things

PERKS TO GROW YOUR BUSINESSMBS TRACKING SITEHANDY DANDY GUIDES WHERE R RATES? It is Monday morning and that means we get to see what happened to mortgage rates week over week vs by the day or by the minute. Week by week or month by month is the best gauge…
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